Income generating Guesthouse for sale

R 5,200,000

Can I afford this?
1 year ago733 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Located in a peaceful, secure area of Ramsgate, within walking distance to the shops and beach.

This looks like a mansion but it is split into a few units. The 4 bedroom 3 bathroom unit is used by the family, the rest can either be rented out to holiday makers or used for permeant rental. Let the other units pay off your bond!

Lovely pool area with entertainment area.

This property comes fully furnished. Contact me today for a viewing.

Has Pool
Property Reference #: RL2247

Agent Details:
Chantal Hartley
CAM Properties
Shop 20 Uvongo Square
Foster Street
Uvongo

Id Subtitle 1097048534
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Estimated monthly repaymentR 56,353
Total property loan amountR 5,200,000
Total interestR 8,324,665
Total repaymentR 13,524,665
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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CAM Properties
Selling for 3+ years
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